Related News & Posts
Expanded Scope and Eligibility Announced for Main Street Lending Program
May 07, 2020
The Federal Reserve Board announced Thursday, April 30, it is expanding the scope and eligibility for the Main Street Lending Program, offering more options for a wider set of small and medium-sized businesses.
The Federal Reserve Offers $2.3 Trillion in Loans to Support Businesses and Local Governments
April 16, 2020
Note: This post has been updated with new information as of April 27.
CARES Act Provides Economic Relief for State and Local Governments
April 08, 2020
The Coronavirus (COVID-19) pandemic has significantly impacted state and local governments across the United States. The additional service demands placed upon law enforcement, first responders and emergency services personnel will likely last for several months. Along with the increased demand for essential government services, the national economic decline is likely to have great impact on state and local government budgets.The Coronavirus Economic Stabilization Act: Key Provisions for the Financial Services Industry
April 03, 2020
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act which authorizes the expenditure of $2 trillion in federal funds to combat the coronavirus. The Coronavirus Economic Stabilization Act of 2020, found in Title IV, Subtitle A of the CARES Act, provides regulatory relief to banks and other financial institutions as they attempt to address the financial needs of businesses and households affected by the COVID-19 pandemic.David Caughran Selected for 2020 Class of Roper St. Francis Foundation Fellows
March 03, 2020
Haynsworth Sinkler Boyd is pleased to announce that David Caughran, an associate in the firm’s Charleston office, has been selected to join the 2020 Class of the Roper St. Francis Foundation Fellows Program.